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OPERATING SEGMENT INFORMATION
3 Months Ended
Dec. 31, 2013
OPERATING SEGMENT INFORMATION  
OPERATING SEGMENT INFORMATION

NOTE 13  OPERATING SEGMENT INFORMATION

As of December 31, 2013, the Company reported and managed its continuing operations based on a single operating segment: the design and distribution of carry and protective solutions, primarily for hand held electronic devices. Products designed and distributed by this segment include carrying cases and other accessories for medical monitoring and diagnostic kits, portable consumer electronic devices (such as smartphones, tablets, personnel computers, notebooks, and GPS devices), and a variety of other portable electronic and non-electronic products (such as firearms, sporting, and other recreational products). This segment operates in geographic regions that include primarily the APAC Region, the Americas, and the EMEA Region. Geographic regions are defined by reference primarily to the location of the customer or its contract manufacturer.

On June 21, 2012, the Company determined to wind down its Retail segment, which commenced during the three-month period ended December 31, 2011, and focus solely on growing its OEM business.  The decision to eliminate the Retail division was primarily driven by the longer than estimated path to bring it to profitability and the strong net sales growth and cost rationalizations in the OEM business. The Company has substantially completed its exit of its Retail business as of March 31, 2013. The Company has not had, and does not expect to have, any continuing involvement in the Retail business after this date.

           

 

Revenues from External Customers

The following table presents net sales by geographic region.

 

(dollars in millions)

 

For the Three-Month Periods Ended December 31,

 

2013

 

2012

Americas:

 

 

 

United States...................................................

$2.4

 

$2.7

Other.................................................................

0.1

 

0.2

Total Americas.........................................

$2.5

 

$2.9

 

 

 

 

APAC:

 

 

 

Hong Kong......................................................

$2.2

 

$1.2

Other.................................................................

1.2

 

0.9

Total APAC Region.................................

$3.4

 

$2.1

 

 

 

 

EMEA:

 

 

 

Germany...........................................................

$1.3

 

$1.2

Poland..............................................................

1.1

 

0.7

Other................................................................

0.1

 

0.1

Total EMEA Region.................................

$2.5

 

$2.0

Total net sales......................................................

$8.4

 

$7.0

Long-Lived Assets (Net of Accumulated Depreciation and Amortization)

Identifiable long-lived assets, consisting predominately of property and equipment, by geographic region are as follows:

 

(dollars in thousands)

 

As of December 31,

2013

 

As of September 30, 2013

Americas...................................................

$164

 

$169

EMEA........................................................

--

 

1

Total Long-Lived Assets (net)................

$164

 

$170